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Crypto Forecasts – Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Cardano, Tron

by Daily Hodl Staff
August 1, 2019
in Trading

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Bitcoin is back on the rise, with the rest of the market a mix of red and green.

Right now, the leading cryptocurrency is up 3.96% at $10,364 according to COIN360 at time of publishing.

Ethereum is up 1.18% at $216.36, XRP is down 0.39% at $0.3155 and Litecoin is up 0.94% at $97.40.

Source: COIN360

FXStreet analyst John Isige expects Bitcoin to trade sideways in the short term, with BTC carving out support at $10,029.

“The confluence detector shows an asset that has immense support. This means that any downward movement would be met by greater buying pressure as bulls seek to buy at lower levels.

[the_ad id=”36860″]

Apart from the above support, traders need to be on the lookout for areas such as $9,998, $9,935, $9,841, $9,810 as well as $9,747.”

Bitcoin

FXStreet – Another false Bitcoin breakthrough?

Bitcoinist – Bitcoin breakout looming, but which way will it go?

CoinDesk – Bitcoin on the rise after first Fed rate cut since 2008

Ethereum

NewsBTC – Ethereum price sighting more upsides as BTC beaks $10K

XRP

CryptoGlobe – Higher timeframe indicates XRP/BTC may have found a bottom

Litecoin, Bitcoin Cash, Cardano, Tron

FXStreet – LTC/USD bulls stop short of $100.00 ahead of halving event

NewsBTC – Crypto market cap climbing higher: BCH, LTC, ADA, TRX analysis

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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